Amid global uncertainty, India’s best bet is to focus on productivity gains

[ad_1] In this volatile environment, India must confront a critical but often overlooked challenge: labour productivity. Without determined efforts, our low labour productivity will continue to erode our economy’s growth potential, pushing it into a middle-income trap. Therefore, addressing this gap is not just a policy priority, but an existential imperative. Also Read: Worker scarcity:…

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Barry Eichengreen: US export curbs on high-tech enablers have rarely worked

[ad_1] A classic ‘dual use’ technology, these chips power Generative AI and supercomputers used in weapon systems, cyberattacks and surveillance. Equally, they can enhance the ability of companies to compete internationally—in this case, the ability of China’s high-tech firms to compete with their American rivals. In its final months, the Biden administration doubled down on…

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The West should act quickly and decisively to tackle the AI crisis it faces

[ad_1] China’s growing AI capabilities were well known. After all, Chinese AI researchers and companies have been remarkably open about their progress, publishing papers, open-sourcing their software and speaking with US researchers and journalists. Also Read: DeepSeek’s big-picture message: Embrace the open-source movement for wider benefits Two factors explain China’s achievement of near parity.  First,…

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Trump’s second presidency signals the end of the Washington Consensus

[ad_1] This assessment, shared by many analysts, is best articulated by conservative columnist David Brooks.  Approval ratings for Trump’s promised policies exceed the proportion of people who voted for him.  Most Americans support strict action against illegal aliens, raising import tariffs, curbing immigration, cutting back support for Nato allies and reducing the size of government. …

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